page-images-analyst-coverage

Harvey Tuttle Project

An initial 13,165 m diamond-drilling program was completed in 2010 to drill-test priority magnetic anomalies.

Significant assay results include a 168.4 m drill-core interval grading 30.3% Total Iron (FeT) and three other intervals exceeding 92 m containing over 32% FeT. Among 26 drill holes, there are ten 35-metre intervals grading over 30% FeT.

The longer intersections typically reflect structural thickening of complexly folded Iron horizons that are characteristic of the Fermont Iron Ore District (FIOD). As the complex structure is not fully understood, some drill holes may have been drilled, at least in part, down-dip. Additional drilling will be required to determine the subsurface geometry of the iron formation more precisely. Results from this first phase of diamond-drilling will help to target favorable horizons with the most potential to further define iron ore resources.

The 2010 diamond-drilling program was digitally modeled and Champion engaged P&E Mining Consultants Inc., of Brampton Ontario, to calculate an NI 43-101 Mineral Resource Estimate, which was announced on February 28, 2011 as an in-pit resource of 749 million tonnes grading 23.2% FeT, at a 15% cut-off.

The 2010 drill program was the first phase of drilling at Harvey-Tuttle, where several kilometric scale targets were tested. Half of the prospective strike length of magnetic-response anomalies remain to be drill tested on the project.

Tech Report Harvey Tuttle NI 43-101 Resource Report
Click to view »

Harvey Tuttle Project Drill Hole Location Map
Click to view »